Commercial Lines Underwriter
Commercial Lines Underwriter

Commercial Lines Underwriter

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
K

At a Glance

  • Tasks: Join our team to shape underwriting strategies and drive profitable business decisions.
  • Company: Ki is a pioneering global algorithmic insurance carrier, transforming the industry with cutting-edge technology.
  • Benefits: Enjoy competitive pay, flexible work options, and a vibrant, inclusive workplace culture.
  • Why this job: Be part of an innovative team that challenges norms and makes a real impact in insurance.
  • Qualifications: Experience in Specialty insurance and strong negotiation skills are essential for this role.
  • Other info: Diversity and inclusion are core values at Ki, enriching our collaborative environment.

The predicted salary is between 43200 - 72000 £ per year.

Think space shuttles, world tours, wind farms, and even footballers’ legs. Working with Google and UCL, Ki has created a platform that uses algorithms, machine learning and large language models to give insurance brokers quotes in seconds, rather than days. Ki is proudly the biggest global algorithmic insurance carrier. Ki’s teams have varied backgrounds and work together in an agile, cross-functional way to build the very best experience for its customers. Ki has big ambitions but needs more excellent minds to challenge the status-quo and help it reach new horizons.

You will work alongside the Portfolio Management team, acting as part of the decision-making process and help define, develop and deliver the underwriting strategy to ensure that profitable business is written. You will bring an understanding of the market and identify new opportunity areas, wordings and legal considerations of a class as well as leveraging existing relationships for Ki. You will be required to capitalise on existing market relationships to ensure visibility in the London Market, working alongside the Account Manager to define, develop and deliver the KiDS underwriting strategy and its translation amongst our brokers.

Based on existing class knowledge, you will work with the Underwriting Directors, Portfolio Underwriters and Portfolio Management Team to constantly update underwriting strategies by class. Collaborate with Portfolio Management to focus on areas of the portfolio and review based on distribution partner and market feedback, optimise the commercial lens of the algorithm by giving updates from the market, distribution partners and competitors, develop the revenue strategy with input from the algorithms appetite to optimise revenue generation and business mix.

If you have a track record of success in building and executing commercially viable strategies, are an excellent negotiator, communicator and relationship builder and have an in-depth knowledge of Specialty insurance lines within the Lloyds market, we would love to hear from you. If you are interested in working alongside underwriters, portfolio management and account management to drive underwriting performance this could be the role for you.

Inclusion & Diversity is at the heart of our business at Ki. We recognise that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought and social background bring richness to our working environment. You will get a highly competitive remuneration and benefits package.

Commercial Lines Underwriter employer: Ki

At Ki, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. Our commitment to inclusion and diversity enriches our environment, while our competitive remuneration and benefits package ensures that our employees feel valued and supported. With ample opportunities for professional growth and the chance to work alongside industry leaders in algorithmic insurance, joining Ki means being part of a forward-thinking team that is reshaping the future of underwriting.
K

Contact Detail:

Ki Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Lines Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends in algorithmic insurance and machine learning. Understanding how these technologies are shaping the industry will not only impress us but also show your commitment to innovation.

✨Tip Number 2

Network within the London Market and engage with professionals who have experience in Specialty insurance lines. Building relationships can provide you with valuable insights and potentially open doors for your application.

✨Tip Number 3

Stay updated on the competitive landscape of the insurance market. Knowing your competitors and their strategies will help you articulate how you can contribute to our underwriting performance during discussions.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully built and executed commercially viable strategies in the past. This will demonstrate your capability and align with our need for excellent negotiators and relationship builders.

We think you need these skills to ace Commercial Lines Underwriter

Commercial Awareness
Negotiation Skills
Relationship Management
Specialty Insurance Knowledge
Lloyd's Market Expertise
Analytical Skills
Strategic Thinking
Communication Skills
Agile Methodologies
Market Research
Data Analysis
Problem-Solving Skills
Collaboration Skills
Revenue Strategy Development
Adaptability

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of a Commercial Lines Underwriter. Familiarise yourself with the insurance market, especially within the Lloyds market, to tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in building and executing commercially viable strategies. Provide specific examples of your success in negotiating and relationship building within the insurance sector.

Showcase Your Skills: Clearly outline your skills in communication, negotiation, and market analysis. Mention any experience you have with algorithms or data-driven decision-making, as this aligns with Ki's innovative approach to underwriting.

Express Your Values: Ki values inclusion and diversity, so be sure to express your commitment to these principles in your application. Share any relevant experiences that demonstrate your understanding and support for a diverse working environment.

How to prepare for a job interview at Ki

✨Understand the Company and Its Technology

Familiarise yourself with Ki's platform and how it leverages algorithms and machine learning in the insurance sector. Being able to discuss their technology and its impact on the industry will show your genuine interest and understanding of the role.

✨Showcase Your Market Knowledge

Prepare to discuss your understanding of the Specialty insurance lines within the Lloyds market. Highlight any previous experiences where you've successfully identified opportunities or navigated legal considerations, as this will demonstrate your expertise.

✨Emphasise Relationship Building Skills

Since the role involves leveraging existing relationships, be ready to share examples of how you've built and maintained professional connections in the past. This could include negotiating deals or collaborating with stakeholders to achieve common goals.

✨Demonstrate a Collaborative Mindset

Ki values teamwork and cross-functional collaboration. Be prepared to discuss how you've worked effectively in teams before, particularly in agile environments, and how you can contribute to the Portfolio Management team’s objectives.

Commercial Lines Underwriter
Ki
K
  • Commercial Lines Underwriter

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-05-30

  • K

    Ki

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